PANW

CrowdStrike Holdings CRWD is scheduled to report its first-quarter fiscal 2027 results on June 3, 2026. CrowdStrike anticipates revenues between $1.36 billion and $1.364 billion for the first quarter of fiscal 2027. The Zacks Consensus Estimate for CrowdStrike’s fiscal first-quarter revenues is pegged at $1.36 billion, indicating year-over-year growth of 23.5%. For the fiscal first quarter, the company expects non-GAAP earnings per share between $1.06 and $1.07. The Zacks Consensus Estimate for CrowdStrike’s fiscal first-quarter earnings is pegged at $1.07 per share, implying a year-over-year increase of 46.6%. The consensus mark for earnings has remained unchanged over the past 30 days. Image Source: Zacks Investment Research CrowdStrike’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.7%. CrowdStrike price-eps-surprise | CrowdStrike Quote Our proven model does not conclusively predict an earnings beat for CrowdStrike this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. CrowdStrike has an Earnings ESP of 0.00% and carries a Zacks Rank #3 at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. CrowdStrike’s first-quarter fiscal 2027 results are likely to benefit from the robust demand for its cybersecurity products, given the increasing number of threat incidents across the globe. As a rising number of employees log into the enterprise's network, the vulnerabilities of cyber breaches lead to a greater need for security. These factors are likely to have spurred the demand for CrowdStrike’s products in the fiscal first quarter. CrowdStrike’s Falcon Flex subscription model is expected to have remained a major growth driver. Annual recurring revenue (ARR) from Flex accounts crossed $1.69 billion, growing more than 120% year over year during the fourth quarter of fiscal 2026, showing strong adoption across enterprise customers. Falcon Flex helps customers adopt new modules without long contract steps, which leads to faster platform usage. This structure is leading to larger deals. During the fourth quarter, CrowdStrike highlighted several Falcon Flex expan...

Broadcom stock is near highs ahead of earnings, along with other hot tech stocks like Credo Technology and fiber optic leader Ciena.

May 28 (Reuters) - Cybersecurity company SentinelOne forecast second-quarter revenue below analysts' expectations on Thursday and said it would cut ‌about 8% of its workforce as it looks to invest ‌in growth areas such as AI, data and cloud. The company also missed first-quarter revenue ​estimates, sending its shares slumping 18% in extended trading. Here are some details: • SentinelOne faces intense competition from larger rivals such as CrowdStrike and Palo Alto Networks, as well as from Microsoft, which is bundling security ‌features into its products. • ⁠Even as ransomware and nation-state threats boost cybersecurity demand, some corporate clients are tightening their budgets, scrutinizing ⁠deals and extending sales cycles. • SentinelOne expects a one-time charge of nearly $25 million related to the restructuring, of which $15 million are cash-based expenditures. • As ​of January ​2026, the company had more ​than 2,900 full-time employees worldwide. • ‌SentinelOne forecast second-quarter revenue to be between $289 million and $291 million, below analysts' average estimate of $292 million, according to data compiled by LSEG. • It expects adjusted profit per share in the range of 6 cents to 8 cents, while analysts expect 8 cents. • Revenue for the ‌first quarter ended April 30 came ​in at $276.7 million, missing the estimate of $277.3 ​million. • The company reaffirmed its ​fiscal 2027 revenue and adjusted profit per share ‌forecasts. • SentinelOne uses AI to help ​businesses monitor and ​secure laptops, servers and other devices connected to their networks. • Its Singularity platform aims to be an all-in-one solution for ​security teams, a strategy ‌that has become critical as firms look to simplify their ​security infrastructure. (Reporting by Juby Babu in Mexico City; Editing ​by Shreya Biswas and Shilpi Majumdar)

Analysts on Wall Street project that Palo Alto Networks (PANW) will announce quarterly earnings of $0.81 per share in its forthcoming report, representing an increase of 1.3% year over year. Revenues are projected to reach $2.94 billion, increasing 28.6% from the same quarter last year. The current level reflects no revision in the consensus EPS estimate for the quarter over the past 30 days. This demonstrates how the analysts covering the stock have collectively reappraised their initial projections over this period. Ahead of a company's earnings disclosure, it is crucial to give due consideration to changes in earnings estimates. These revisions serve as a noteworthy factor in predicting potential investor reactions to the stock. Numerous empirical studies consistently demonstrate a strong relationship between trends in earnings estimate revision and the short-term price performance of a stock. While it's common for investors to rely on consensus earnings and revenue estimates for assessing how the business may have performed during the quarter, exploring analysts' forecasts for key metrics can yield valuable insights. Bearing this in mind, let's now explore the average estimates of specific Palo Alto metrics that are commonly monitored and projected by Wall Street analysts. The consensus estimate for 'Revenue- Product' stands at $566.17 million. The estimate indicates a change of +25.1% from the prior-year quarter. The consensus among analysts is that 'Revenue- Subscription and support' will reach $2.38 billion. The estimate points to a change of +29.5% from the year-ago quarter. The collective assessment of analysts points to an estimated 'Revenue- Subscription and support- Support' of $710.74 million. The estimate indicates a year-over-year change of +18.1%. The average prediction of analysts places 'Revenue- Subscription and support- Subscription' at $1.67 billion. The estimate indicates a year-over-year change of +35%. Analysts' assessment points toward 'RPO (Remaining Performance Obligation)' reaching $17.90 billion. The estimate is in contrast to the year-ago figure of $13.50 billion. The combined assessment of analysts suggests that 'Product gross profit Non-GAAP' will likely reach $444.15 million. The estimate is in contrast to the year-ago figure of $355.10 million. Analysts predict that the 'Subscription and support gross profit Non-?GAAP' will...

Palo Alto Networks, Inc. PANW is scheduled to report its third-quarter fiscal 2026 results on June 2. Palo Alto Networks projects its fiscal third-quarter revenues in the range of $2.941-$2.945 billion, which suggests a year-over-year increase of 28-29%. The Zacks Consensus Estimate is pegged at $2.94 billion, which implies growth of 28.6% from the year-ago reported figure. For the fiscal third quarter, the company expects non-GAAP earnings per share between 78 cents and 80 cents. The consensus mark for PANW’s fiscal third-quarter non-GAAP earnings has remained unchanged at 81 cents per share over the past 30 days, which indicates a 1.3% increase from the year-ago quarter’s earnings. Image Source: Zacks Investment Research Palo Alto Networks’ earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, the average surprise being 6.8%. Palo Alto Networks, Inc. price-eps-surprise | Palo Alto Networks, Inc. Quote Our proven model does not conclusively predict an earnings beat for Palo Alto Networks this time. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the odds of an earnings beat, which is not the case here. Palo Alto Networks has an Earnings ESP of 0.00% and carries a Zacks Rank #4 (Sell) at present. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. You can see the complete list of today’s Zacks #1 Rank stocks here. Palo Alto Networks’ third-quarter fiscal 2026 performance is likely to have benefited from the robust traction stemming from deal wins, along with continued progress in its platformization strategy. The increased adoption of its AI-powered XSIAM, SASE and software firewall offerings, which enable enterprises to advance zero-trust network security, is expected to have contributed to the growing share of incremental Next-Generation Security (NGS) Annual Recurring Revenues (ARR). Through its platformization strategy, Palo Alto Networks is enabling larger customers to adopt its full security platform, which is helping the company grow faster and secure bigger deals. In the second quarter of fiscal 2026, PANW’s NGS ARR grew 33% year over year to $6.33 billion, where the platformization strategy was a key driver. In the second quarter of fiscal 2026, PANW added about 110 net new platform customers. The total number of p...

Okta (OKTA) came out with quarterly earnings of $0.91 per share, beating the Zacks Consensus Estimate of $0.85 per share. This compares to earnings of $0.86 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +6.75%. A quarter ago, it was expected that this cloud identity management company would post earnings of $0.85 per share when it actually produced earnings of $0.9, delivering a surprise of +5.88%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Okta, which belongs to the Zacks Security industry, posted revenues of $765 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 1.82%. This compares to year-ago revenues of $688 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Okta shares have added about 3.5% since the beginning of the year versus the S&P 500's gain of 9.9%. While Okta has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Okta was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks here. It will be inte...

Zscaler (ZS) came out with quarterly earnings of $1.08 per share, beating the Zacks Consensus Estimate of $1 per share. This compares to earnings of $0.84 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +7.73%. A quarter ago, it was expected that this cloud-based information security provider would post earnings of $0.89 per share when it actually produced earnings of $1.01, delivering a surprise of +13.48%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Zscaler, which belongs to the Zacks Security industry, posted revenues of $850.48 million for the quarter ended April 2026, surpassing the Zacks Consensus Estimate by 1.88%. This compares to year-ago revenues of $678.03 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Zscaler shares have lost about 18.9% since the beginning of the year versus the S&P 500's gain of 9.2%. While Zscaler has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Zscaler was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) st...

May 26 (Reuters) - Zscaler forecast fourth-quarter revenue below estimates on Tuesday, signaling intensifying competition in ‌the cybersecurity market as enterprises scrutinize spending ‌on cloud security products, sending shares down 15% in extended ​trading. • Despite the push to secure modern IT environments, Zscaler faces competition from larger rivals such as Palo Alto Networks, which are vying for more ‌market share with ⁠their own platform offerings. • Zscaler primarily competes in the Secure Access Service Edge (SASE) ⁠market, which combines networking and security into a single platform to connect users, devices and applications from ​anywhere. • SASE ​is one of ​the fastest-growing segments of ‌cybersecurity as cloud adoption driven by the artificial intelligence boom continues to transform network security architectures. • The cloud-based security solution provider expects fourth-quarter revenue between $875 million and $878 million, below analysts' average estimate of $878.6 ‌million, according to data compiled ​by LSEG. • Zscaler expects adjusted ​profit between $1.08 and $1.09 ​per share in the fourth quarter, ‌compared with estimates of $1.03. • The ​company reported ​revenue of $850.5 million in the third quarter, above estimates of $835.4 million. • Its third-quarter total operating ​expenses rose ‌about 25% to $687.5 million from $547.5 million a year ​ago. (Reporting by Harshita Mary Varghese in Bengaluru; ​Editing by Shreya Biswas)

Zscaler, Inc. ZS is scheduled to report third-quarter fiscal 2026 results on May 26, after market close. For the fiscal third quarter, Zscaler projects total revenues between $834 million and $836 million. The Zacks Consensus Estimate is pegged at $834.8 million, suggesting growth of 23.1% from the year-ago quarter. Zscaler anticipates non-GAAP earnings per share between $1.00 and $1.01. The consensus mark for non-GAAP earnings has remained unchanged at $1.00 over the past 60 days, which indicates a 19% increase from the year-ago quarter’s level. Image Source: Zacks Investment Research Zscaler’s earnings beat the Zacks Consensus Estimate in each of the trailing four quarters, with the average surprise being 12.42%. Zscaler, Inc. price-consensus-eps-surprise-chart | Zscaler, Inc. Quote Our proven model does not conclusively predict an earnings beat for Zscaler this season. The combination of a positive Earnings ESP and a Zacks Rank #1 (Strong Buy), 2 (Buy) or 3 (Hold) increases the chances of an earnings beat. However, that’s not the case here. You can see the complete list of today’s Zacks #1 Rank stocks here. ZS currently carries a Zacks Rank #3 and has an Earnings ESP of 0.00%. You can uncover the best stocks to buy or sell before they are reported with our Earnings ESP Filter. Zscaler’s third-quarter results are expected to benefit from its security and networking solutions, given the rising demand for AI security. Momentum in its Zero Trust Everywhere platform is likely to have driven larger platform deals and customer consolidation in the to-be-reported quarter. In the second quarter of fiscal 2026, the number of Zero Trust Everywhere customers surpassed 550, up sharply from 130 in the prior-year period. Strong momentum with Global 2000 and Fortune 500 customers and $1 million ARR customers, driven by the ongoing digital transformation across organizations and the growing popularity of hybrid work, is likely to have been a key catalyst in the to-be-reported quarter. Zscaler’s growing enterprise penetration may have also been a tailwind in this quarter. Another important growth driver in the to-be-reported quarter would have been its Z-Flex program, which is helping the company secure larger multi-year contracts. Introduced in the third quarter of fiscal 2025, the program generated more than $290 million in total contract value bookings in the second qua...

Zscaler Inc. (NASDAQ:ZS) is expected to deliver a strong fiscal third quarter when it reports results on May 26, with Jefferies analysts saying the cybersecurity company is well positioned to beat consensus annual recurring revenue growth expectations. Jefferies is modeling F3Q ARR at $3.51 billion, representing 24.6% year-over-year growth. The firm views the investor bogey of $160-165 million in net new ARR as attainable, with the more closely watched threshold being $155 million or more in organic incremental ARR. A proprietary VAR survey conducted by Jefferies in April showed Zscaler's average performance versus plan at 2.3%, still ranking third best overall among peers and ahead of typical calendar first quarter seasonality. The firm noted some competitive pressure in the channel, including from Palo Alto Networks' Prisma SASE product, though it remains constructive on Zscaler's expanding product portfolio and what it sees as reasonable fiscal 2026 expectations. Federal business is shaping up as a meaningful catalyst for the fourth quarter. The Department of Homeland Security signed a $122 million blanket purchase agreement with Zscaler on April 16, followed by a one-year, $40 million BPA call on April 30 that Jefferies assumes is primarily ARR to be recognized in F4Q. Zscaler also closed a $10.3 million renewal with the Department of Transportation and a $6.9 million renewal with the Department of Labor during F3Q. Looking to F4Q, consensus ARR expectations of $3.73 billion imply 23.9% year-over-year growth. Jefferies said the bar looks high on the surface but more achievable if F3Q upside flows through and the DHS deal contributes as much as $40 million in net new ARR, which would represent roughly 18% of total implied consensus net new ARR for the quarter. On valuation, Jefferies said Zscaler screens attractively at 29 times next twelve months free cash flow versus 35 times for Palo Alto Networks and 36 times for Fortinet.

Zscaler's (ZS) upcoming fiscal Q3 results will likely show in line to moderately above-plan performa

Qualys (QLYS) came out with quarterly earnings of $1.95 per share, beating the Zacks Consensus Estimate of $1.81 per share. This compares to earnings of $1.67 per share a year ago. These figures are adjusted for non-recurring items. This quarterly report represents an earnings surprise of +8.03%. A quarter ago, it was expected that this maker of security-analysis software would post earnings of $1.78 per share when it actually produced earnings of $1.87, delivering a surprise of +5.06%. Over the last four quarters, the company has surpassed consensus EPS estimates four times. Qualys, which belongs to the Zacks Security industry, posted revenues of $175.64 million for the quarter ended March 2026, surpassing the Zacks Consensus Estimate by 1.26%. This compares to year-ago revenues of $159.9 million. The company has topped consensus revenue estimates four times over the last four quarters. The sustainability of the stock's immediate price movement based on the recently-released numbers and future earnings expectations will mostly depend on management's commentary on the earnings call. Qualys shares have lost about 30.4% since the beginning of the year versus the S&P 500's gain of 5.2%. While Qualys has underperformed the market so far this year, the question that comes to investors' minds is: what's next for the stock? There are no easy answers to this key question, but one reliable measure that can help investors address this is the company's earnings outlook. Not only does this include current consensus earnings expectations for the coming quarter(s), but also how these expectations have changed lately. Empirical research shows a strong correlation between near-term stock movements and trends in earnings estimate revisions. Investors can track such revisions by themselves or rely on a tried-and-tested rating tool like the Zacks Rank, which has an impressive track record of harnessing the power of earnings estimate revisions. Ahead of this earnings release, the estimate revisions trend for Qualys was mixed. While the magnitude and direction of estimate revisions could change following the company's just-released earnings report, the current status translates into a Zacks Rank #3 (Hold) for the stock. So, the shares are expected to perform in line with the market in the near future. You can see the complete list of today's Zacks #1 Rank (Strong Buy) stocks her...